Shein Is Poised to Give London the Big-Ticket IPO It’s Craving
- Bourse has suffered as firms switch main listings to New York
- Both Conservatives and Labour seem keen on a Shein London IPO
A Shein pop-up store.
Photographer: Yuki Iwamura/BloombergThis article is for subscribers only.
Online fashion retailer Shein’s potential mega listing in London could be just the news the City has been waiting so long to hear.
The company is set to file for an initial public offering in London as soon as this week, Bloomberg News reported. The timing could change and there’s no certainty a deal will result, said a person, who asked not to be identified because the plan is confidential.